Allianz

The corporation is headquartered in Munich and its products are Insurance and asset management. As at 2014, Allianz was the largest insurance and financial services group company in the world before it was surpassed by AXA. In 2008 Allianz sold a larger proportion of its banking wing; the Dresdner Bank to Commerzbank and gained 14% stake in the new Commerzbank. Allianz SE subsidiaries include Allianz France, Allianz Insurance plc, Allianz Global Investors among several others. It operates in Europe, North America, and the Middle East.